Mitir PatelEssex Three-Twelve

Mitir Patel/Deal stories/821–23 N. Fairfield Ave.

821–23 N. Fairfield Ave.

West Town · Three buyer-side closings on one block in five years

$1,090,000Closed, Nov 2026
5 + lotUnits, plus the adjacent parcel
100%Of list price
3Closings on this block

821–23 N. Fairfield is two parcels sold as one: an 1888 masonry five-unit at 821 and the lot beside it at 823. I represented the buyer. The contract was written at the full list price of $1,090,000, and it closed on November 2, 2026. The price covers the building and the lot together, so there is no honest per-unit number to quote.

It is not my first closing on this block. In February 2022 I was the buyer’s broker on 815 N. Fairfield, a six-unit that closed at $1,030,000 against a $1,035,000 list; the buyer was Petir Capital, the holding company I co-founded, which still owns it. In February 2023 I represented the buyer of 830 N. Fairfield, a single-family house across the street, at $365,000. Three closings on the same 800 block in under five years.

What it shows

Most of the buildings I buy for clients, or for my own company, are not found by searching the MLS on the day they appear. They come from knowing a block: what the last building traded for, which owners are long-tenured, what a lot next door is worth to the right buyer. When a buyer tells me the kind of building they want, I usually already know the streets where it exists, and West Town between Chicago Avenue and Division is one of them.

Figures are the MLS closing records (buyer side: 11/02/2026, 02/07/2022, 02/16/2023). Parcel facts (1888, masonry, five apartments, adjacent parcel) are from the Cook County Assessor. The listing broker was with another brokerage.

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